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Substitution of new section for section 150.

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....r section 150. 49. For section 150 of the Income-tax Act, the following section shall be substituted, namely:-- Deduction in respect of income of federal co-operative. '150. (1) I....

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....n distributed by it to its members at least one month before the due date for filing the return of income under section 263(1). (2) The provisions of this section shall not apply to any tax y....